Monday, September 29, 2014

Best-in-class mid-sized organizations are more than twice as likely to deploy ERP in the cloud

ORACLE OPENWORLD: SAN FRANCISCO, 29 SEPTEMBER, 2014—IFS, the global enterprise applications company, today announced the release of an Aberdeen Group report looking at the growth of adoption of cloud services within mid-market organizations around the globe. The report, called “Improve Your Midmarket Business Operations With Cloud Applications”, explores the business opportunities and benefits these organizations can realize by implementing cloud-based applications. The complete report can be found here: http://www4.ifsworld.com/Cloud-operations.

Aberdeen Group report, provided by IFS, analyses the adoption of cloud ERP by mid-market businesses

In the report, mid-market organizations indicated three main reasons for choosing a cloud-based solution over an on-premise solution:

Lower cost of implementation and upkeep

Lack of dedicated IT resources to manage on-premise infrastructure

Ability to scale the solution as the organization grows

“Organizations may want to move some of their technology on-premise or utilize a cloud solution to open up a new business unit as part of a multi-tiered ERP strategy,” wrote Nick Castellina, Research Director at Aberdeen Group. “For mid-market organizations, the flexibility that cloud environments provide actually enables these organizations to implement more technology that can improve processes across the organization. Cloud solutions are more likely to enable mid-market organizations to combat their unique challenges.”

Cloud-based solutions are available to employees regardless of location, thereby improving functionality and cross-team visibility, increasing global collaboration and enabling broader business efficiency and agility. Companies participating in the research study that have cloud solutions implemented noted greater benefits including operating costs, schedule compliance and on-time delivery.

“The findings in the report support the key business drivers that led to our partnership and integration with Microsoft’s Azure cloud solution,” said David Eager, Vice President of Global Alliances at IFS. “As mid-size businesses identify their most critical business challenges, deploying a cloud solution can improve performance and create flexibility in your technology environment, whether your technology architecture is changing, you plan to add more users, or intend to add new processes. The bottom line is you can quickly and cost-effectively deploy a solution that allows you to adapt to the ever-changing needs of your business.”

About Aberdeen Group

For 26 years, Aberdeen Group has published research that helps businesses worldwide improve performance. We identify Best-in-Class organizations by conducting primary research with industry practitioners. Its team of analysts derives fact-based, vendor-agnostic insights from a proprietary analytical framework independent of outside influence. The resulting research content is used by hundreds of thousands of business professionals to drive smarter decision making and improve business strategy.

Aberdeen's content marketing solutions help B2B organizations take control of the hidden sales cycle through content licensing, speaking engagements, custom research, and content creation services. Located in Boston, Aberdeen Group is a Harte Hanks Company. www.Aberdeen.com

About IFS

IFS™ is a globally recognized leader in developing and delivering business software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries. For more information visit: www.ifsworld.com.